Good boards provide insights that management do not know. If the board is well composed, it provides: 1) Strategic insights and guidance on how to solve start up challenges like access to capital -equity and or loan 2) Avoiding problems that kill most start ups like poor recruitment, lack of compliance, and a bad business model. A good board asks questions to help the start up owners reflect and fine tune their business case. 3) Strategic positioning. If a start up is lucky to have a seasoned person of high repute on their board, it gives them good visibility. Imagine…